Friday 02/January/2026 – 09:41 AM
The exchange rate of the US dollar recorded remarkable stability against the pound today, Friday, January 2, 2026, without any significant changes within the banks operating in the local market, coinciding with the bank holiday marking the end of the fiscal year in Egypt.
Dollar prices in banks today
The dollar exchange rates stabilized in a number of major banks, reaching about 47.67 pounds for purchase and 47.77 pounds for sale in the National Bank of Egypt and Banque Misr.
At the Commercial International Bank (CIB), the dollar recorded 47.65 pounds for purchase and 47.75 pounds for sale, while at Qatar National Bank it reached 47.61 pounds for purchase and 47.71 pounds for sale.
The dollar also recorded at Faisal Islamic Bank of Egypt 47.66 pounds for purchase and 47.76 pounds for sale, and at Abu Dhabi Islamic Bank – Egypt it reached 47.63 pounds for purchase and 47.73 pounds for sale.
As for the Arab African International Bank, the price of the dollar stabilized at 47.61 pounds for purchase and 47.75 pounds for sale.
Disrupting the work of banks
In a related context, the Central Bank announced the suspension of work in all banks operating in the country on Thursday, January 1, 2026, on the occasion of the end of the banks’ fiscal year on December 31, 2025.
The Central Bank explained that banks will resume work normally on the morning of Sunday, January 4, 2026, after the end of the official holiday, so that bank branches will resume providing their banking services to citizens.
This leave comes within the framework of the annual regulation of work within the banking sector, coinciding with the closing of the banks’ final accounts at the end of the fiscal year.
